Unilever has bought into The Laundress’ vision for cleaning clothes
November 1, 2019
The Laundress was founded by Gwen Whiting and Lindsey Boyd to create a way to clean the 90 percent of products labeled “dry clean only.” The company’s success led it to be sold by luxury retailers including Net-A-Porter. That caught the attention of Unilever, which acquired The Laundress last year.
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.